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A Checklist for Setting Up a Shop or Office
A Checklist for Setting Up a Shop or Office
When setting up a shop or office, use a checklist to help you stay organised. And make sure you get lots of quotes for the items you need....
A Guide to Business Insurance
A Guide to Business Insurance
It is compulsory for entrepreneurs to take out certain types of business insurance. Other insurance is not mandatory; but it helps offset any liability that may arise....
A Guide to Late Payment Regulations
A Guide to Late Payment Regulations
The late payment regulations can help entrepreneurs recover commercial debts. The regulations allow entrepreneurs to add interest and compensation to such debts....
A Guide to PR
A Guide to PR
Public relations should never be far from an entrepreneur's mind. The right PR for a business can help ensure customer, employee and investor loyalty....
A Guide to Tax and National Insurance for New Entrepreneurs
A Guide to Tax and National Insurance for New Entrepreneurs
Entrepreneurs need a good working knowledge of tax and National Insurance so they can avoid problems and penalties for their businesses....
A Guide to Working from Home
A Guide to Working from Home
Working from home is an option an entrepreneur should consider, particularly when starting a business. This guide provides some useful advice....
A Summary of Internet Marketing
A Summary of Internet Marketing
Internet marketing can prove a valuable part of an entrepreneur's business plan. A website, Internet advertising, and targeted email can all benefit a business....
Always Test the Market
Always Test the Market
In business it's always wise for entrepreneurs to test and compare the market before launching a new product or service....
An Introduction to Angel Investors
An Introduction to Angel Investors
Angel investors can provide much needed financing for a business. Entrepreneurs must first understand, however, the approach this type of investor takes....
Anita Roddick: Bringing Passionate Belief to Business
Anita Roddick: Bringing Passionate Belief to Business
Anita Roddick and The Body Shop promoted natural ingredients and fair trade. Roddick stands as the perfect example of an entrepreneur who matched business sense with commitment to important causes....
Are Entrepreneurs Really Suited to Running a Business?
Are Entrepreneurs Really Suited to Running a Business?
Running a business is not the main function of entrepreneurs. There are other factors that come into play such as leadership and management....
Are Entrepreneurs Really Suited to Running a Business?
Are Entrepreneurs Really Suited to Running a Business?
It's easy to assume that the whole point of being an entrepreneur is to run a business. To anyone who gives the concept of entrepreneurship and business some initial thought, the issue may seem self-e...
Are You a Sole Trader or Do You Need a Company?
Are You a Sole Trader or Do You Need a Company?
One of the first decisions an entrepreneur faces in business is whether to register as a sole trader or a company....
Are You Ready to Stop Being an Employee?
Are You Ready to Stop Being an Employee?
Points to consider if you feel ready to become an entrepreneur and be your own boss in the world of business....
Balance Your Work and Lifestyle
Balance Your Work and Lifestyle
Entrepreneurs must ensure they maintain a work-life balance. The right attitude to work and lifestyle benefits business, entrepreneurs, and employees alike....
Becoming a Social Entrepreneur
Becoming a Social Entrepreneur
Social entrepreneurs focus their skills on benefitting the community and giving it support. They still make money but they do so in a different context to their business counterparts....
Business Mistakes to Avoid
Business Mistakes to Avoid
All entrepreneurs make business mistakes at one time or another. These may relate to your customers, your expenses or the process of making money....
Can European Banking Services Help UK Businesses?
Can European Banking Services Help UK Businesses?
Selling in Europe, and setting up business there, needn't be daunting. European banks can help. But entrepreneurs need to check fees and the rules on issues such as overdrafts....
Claim Your Business Tax Credits
Claim Your Business Tax Credits
An entrepreneur who conducts research and development may be able to claim tax allowances or tax reliefs in the form of business tax credits....
Common Hazards That Can Ruin a Business
Common Hazards That Can Ruin a Business
There are a number of hazards that can unexpectedly damage or ruin a business. Among them are natural disasters, product recalls, fire and even IT....
Courses and Qualifications to Develop Entrepreneurial Skills?
Courses and Qualifications to Develop Entrepreneurial Skills?
The UK has a wide range of courses and qualifications related to business. Many include work placements and can help develop practical skills....
Cut Your Business Costs
Cut Your Business Costs
It's important to reduce business costs. Entrepreneurs know that attracting finance to a business often relies on cost management and money handling skills....
Decide Whether You Need Staff or Contractors
Decide Whether You Need Staff or Contractors
An entrepreneur may need staff, contractors, or both for a business. Deciding who to recruit and why requires an understanding of the employment market....
Develop an Action Plan for Growth
Develop an Action Plan for Growth
If a business is to go from strength to strength, an entrepreneur must have an action plan for business growth....
Develop an International Strategy
Develop an International Strategy
An entrepreneur should consider the potential for a product or service to sell abroad. A business strategy should therefore contain proposals for international marketing....
Develop Green Policies
Develop Green Policies
An entrepreneur must take the environment seriously, and have a sustainable development strategy. The future of business, and the world at large, depends on it....
Do You Have What it Takes to Be an Entrpreneur?
Do You Have What it Takes to Be an Entrpreneur?
This questionnaire is for anyone who harbours the ambition to be an entrepreneur. It aims to promote thought and discussion, and complements the articles on the BusinessAndEntrepreneur's website....
Do You Need a Team?
Do You Need a Team?
Teamwork is an everyday part of business and management. Any entrepreneur who needs a team must build and maintain it with care....
Do You Really Want a Franchise?
Do You Really Want a Franchise?
A business franchise can offer an entrepreneur a great opportunity to run a company. Nonetheless, a franchise is a business like any other, and an entrepreneur must consider the implications....
Do You Want to Get Friends and Family Involved?
Do You Want to Get Friends and Family Involved?
Friends and family may be more than willing to become involved with a business. But entrepreneurs need to consider the implications of such help....
Does Your Age Matter in Business?
Does Your Age Matter in Business?
Age is not a barrier to starting your own business. A mature entrepreneur brings significant advantages to the business world....
Do's and Don'ts of Using Your Own Money
Do's and Don'ts of Using Your Own Money
When it comes to raising the money for starting a business, entrepreneurs must be prepared to use some of their own finances....
Duncan Bannatyne: Encouraging Others to Succeed
Duncan Bannatyne: Encouraging Others to Succeed
Duncan Bannatyne's many business interests include health clubs. He is also a popular author and TV personality, and supports a number of charities....
Evaluating Your Business Skills
Evaluating Your Business Skills
Entrepreneurs who evaluate their business skills can improve business performance, and help ensure the successful development and management of their enterprise....
Fact Sheet: Approximate IT Costs for Setting Up Business
Fact Sheet: Approximate IT Costs for Setting Up Business
Just about every business uses IT. Entrepreneurs therefore need to know how much IT will cost them. Use this fact sheet to help you....
Finding a Business Mentor
Finding a Business Mentor
A business mentor can give a novice, or even an experienced, entrepreneur invaluable support. It's also possible to get such support free of charge....
Finding Inspiration for the Big Business Idea
Finding Inspiration for the Big Business Idea
To be successful in business, entrepreneurs need great business ideas. Finding the right ideas through a combination of work and inspiration is essential....
Get Expert Business Advice
Get Expert Business Advice
An entrepreneur should take every opportunity to get expert business advice and keep an open mind about it, particularly as such advice can help develop a sound business plan....
Grab New Opportunities
Grab New Opportunities
To be as successful in business as possible, entrepreneurs must recognise and grasp the business opportunities that come their way....
How Direct Response Marketing Can Help You
How Direct Response Marketing Can Help You
Direct response marketing (DRM) can boost your sales more effectively than direct marketing. You can apply its sales techniques to almost any product or service....
How Diversification Can Save a Business
How Diversification Can Save a Business
Entrepreneurs should consider diversification. No matter how successful an enterprise is now, diversification can help preserve and build an entrepreneur's wealth long into the future....
How I Coped in My First Year of Business: Case Study
How I Coped in My First Year of Business: Case Study
The first year's trading in a new business can be tough. This case study shows how one entrepreneur managed to cope....
How I Prepared Myself to Start a Business: Case Study
How I Prepared Myself to Start a Business: Case Study
A useful example of how one entrepreneur began the preparations to starting a small business, although not with immediate success....
How I Set Up a Training Scheme for My Staff: Case Study
How I Set Up a Training Scheme for My Staff: Case Study
One of the first things entrepreneurs may have to do when they buy an existing business is arrange training for the staff. This case study provides an example....
How I Used I.T. to Help Me Establish My Business: Case Study
How I Used I.T. to Help Me Establish My Business: Case Study
It's easy to buy the wrong IT - and spend too much money. This case study illustrates how one entrepreneur bought the right computer by putting his business needs first....
How to Achieve Customer Loyalty
How to Achieve Customer Loyalty
Entrepreneurs must never neglect customer loyalty programmes. Having the right programme in a business strategy improves and maintains business profits....
How to Borrow Money That's Tax Efficient
How to Borrow Money That's Tax Efficient
Borrowing money should be as tax efficient as possible. An entrepreneur should ensure that a business benefits from finance that is a tax efficient investment....
How to Choose a Commercial Insurer
How to Choose a Commercial Insurer
Entrepreneurs need commercial insurance. To obtain policies that suit the needs of a business, however, they first need to understand what insurance is available....
How to Choose the Bank That's Right for You
How to Choose the Bank That's Right for You
Opening a business bank account is straightforward, but over time the cost of banking can be significant. From the outset, an entrepreneur should try to keep business banking charges down....
How to Identify a Good Sales Campaign
How to Identify a Good Sales Campaign
A proposed sales campaign may look good at first glance, but an entrepreneur should examine the suggestions for advertising and marketing and how they meet customer needs....
How to Improve Repeat Business
How to Improve Repeat Business
Repeat business can help secure the long-term future of a company. Businesses that treat customers with respect and offer a high quality service gain loyalty in return....
How to Make Your Product Unique
How to Make Your Product Unique
To be successful, an entrepreneur needs to make a product special. Marketing techniques and business know-how can help achieve this....
How to Negotiate Successfully
How to Negotiate Successfully
Preparation, confidence and the art of persuasion are vital tools for an entrepreneur to use when taking part in business negotiation....
How to Promote Your Product by Promoting Yourself
How to Promote Your Product by Promoting Yourself
The world of marketing and selling isn't to everyone's liking; nonetheless, an entrepreneur may have to engage in promoting a product or service for the sake of the business....
How to Succeed Without Much Money
How to Succeed Without Much Money
To succeed in business without much money isn't easy. An entrepreneur needs to use a number of proven techniques that keep costs down and attract customers....
How to Write a Business Plan
How to Write a Business Plan
If a business idea is ever to develop, it needs a business plan. Such a plan is the first step to gathering support and investment....
How to Write a Marketing Plan
How to Write a Marketing Plan
An entrepreneur must write an effective marketing plan so that a business meets the needs of customers and maximises sales....
How Webmail Can Help Your Business
How Webmail Can Help Your Business
Webmail can help the communication strategy of a business by providing a secure, flexible and easy to use alternative to email....
I Use Online Photo Sharing to Help Projects: a Case Study
I Use Online Photo Sharing to Help Projects: a Case Study
By using online photo sharing for her consultancy work, Kathy Morrison is exploiting the potential of digital photos and the Internet to the full....
Keep the Ideas Coming
Keep the Ideas Coming
Entrepreneurs who keep the business ideas flowing and maintain a high level of creativity can help ensure a business' success....
Keep Your Business Ideas Safe
Keep Your Business Ideas Safe
When you start your own business and become an entrepreneur, you need to keep your business ideas as safe as possible....
Know Your Customer
Know Your Customer
A business entrepreneur who knows the type of people who buy his or her products and services ensures high levels of customer service and customer satisfaction....
Knowing When to Delegate
Knowing When to Delegate
Delegation doesn't always sit well with entrepreneurs but they need to learn this important aspect of management. Delegation skills training can help them - and improve business....
Look After Your Staff
Look After Your Staff
A successful business is often linked to staff motivation. An entrepreneur who looks after employees achieves loyalty, effective teamwork, and an efficient working environment....
Make Technology Work for You
Make Technology Work for You
There's plenty of technology available for entrepreneurs, including the Internet and websites. The trick is to make it work for a business to increase efficiency and profits....
Mary Kay Ash: An Inspiration for Female Entrepreneurs
Mary Kay Ash: An Inspiration for Female Entrepreneurs
Mary Kay Ash fought against the gender bias of the business world to set up Mary Kay Inc., a major enterprise selling cosmetics....
More Tax Efficient to Lease or Buy Business Laptops?
More Tax Efficient to Lease or Buy Business Laptops?
Business laptops now appear on the shopping lists of many entrepreneurs. First, however, it's worth weighing up whether to lease or buy....
Motivating Yourself and Others
Motivating Yourself and Others
Motivation is all important in business. Team motivation; employee motivation; and self motivation - each one is crucial to business success....
Prove Your Reliability and Commitment to the Business
Prove Your Reliability and Commitment to the Business
To obtain finance, entrepreneurs must demonstrate their commitment to a business and their reliability. They must also prove their understanding of customer service....
Qualities of an Entrepreneur
Qualities of an Entrepreneur
This article considers the main qualities of a business entrepreneur, and how these relate to starting and building a successful enterprise....
Richard Branson: New Takes on Existing Ideas
Richard Branson: New Takes on Existing Ideas
Richard Branson is one of the world's most famous entrepreneurs. Anyone entering business would do well to study the success of the Virgin brand....
Set High Standards
Set High Standards
An entrepreneur who sets high standards for a business helps to maintain business growth and meet investor and customer expectations....
Stay Aware of Regulations
Stay Aware of Regulations
Entrepreneurs have to deal with a lot of regulations in business. The rules cover a vast range of topics that include data protection, insurance, and tax....
Submitting Tenders for Work
Submitting Tenders for Work
Making a bid for work by submitting a tender document is hard work. But the effort can pay off with the award of a long-term, secure contract....
The Basics of Business Law
The Basics of Business Law
Every entrepreneur must know the basics of business law. This applies whether an entrepreneur runs a small business or a major company....
The Benefits of Licensing Your Idea
The Benefits of Licensing Your Idea
Licensing business ideas gives entrepreneurs the opportunity to profit from concepts and inventions they may not have the time or resources to develop....
The Business Benefits of Social Media
The Business Benefits of Social Media
Social media websites are a low-cost way of helping a business boost the promotion of its website, products and brand....
The Business Idea Generator
The Business Idea Generator
Stuck for a business idea? Use this questions to help you think like an entrepreneur and to start generating business ideas....
The Importance of Communication
The Importance of Communication
Effective business management relies on good communication skills. In business, communication is the means by which ideas are developed, explained, and implemented....
The Importance of Setting Goals and Changing Them
The Importance of Setting Goals and Changing Them
Goals help drive entrepreneurs forward. They are spurs to motivation and success, and provide time frames in which entrepreneurs can work. But goal setting also requires a flexible approach....
The Pros and Cons of Buying an Existing Business
The Pros and Cons of Buying an Existing Business
Buying a business has pros and cons related to matters such as the reasons for the sale, financing, inherited problems, existing staff, and current contracts....
The Pros and Cons of Outsourcing
The Pros and Cons of Outsourcing
Outsourcing can save you money, give your enterprise flexibility, and allow you to focus on what you're best at. But outsourcing is a business decision you need to consider carefully....
Think and Act Strategically
Think and Act Strategically
Strategy often comes across as just another business tool. Entrepreneurs, however, need to think and act strategically as often as possible....
Tips on Dealing with Recession
Tips on Dealing with Recession
In a recession, an entrepreneur must try to ensure income protection for all of those involved in a business venture....
Tips on Making a Pitch for Finance
Tips on Making a Pitch for Finance
Making a pitch for business finance is daunting but necessary. With the right amount of preparation, however, an entrepreneur can make a pitch compelling and successful....
Understanding Capital Allowances
Understanding Capital Allowances
Entrepreneurs need a good working knowledge of capital allowances to ensure they make the right investment decisions for premises, plant and machinery, and research and development....
Use and Develop a Brand Name
Use and Develop a Brand Name
With the right brand name, backed by suitable brand values, an entrepreneur can develop a thriving business with the potential for profitable expansion....
Use Permission Based Emails to Boost Sales
Use Permission Based Emails to Boost Sales
Entrepreneurs who use permission-based email to boost their sales on the Internet can acquire a new and profitable source of customers....
Use the Internet to Get Business Ideas Going
Use the Internet to Get Business Ideas Going
The Internet can be a great place for putting business ideas into practice. Websites, emails, and e-commerce can generate sales and profits....
Using Foreign Manufacturers
Using Foreign Manufacturers
Entrepreneurs can cut their costs by using foreign manufacturers to produce goods. Issues to look out for include quality and transport....
What Are Venture Capital Trusts?
What Are Venture Capital Trusts?
Venture capital trusts can be ideal for entrepreneurs of growing businesses that need funding from investors who can give advice as well as money...
What Government Grants Can You Get?
What Government Grants Can You Get?
Government grants provide useful finance, particularly for a small business. Entrepreneurs welcome such help but don't always know what's available....
What is Entrepreneurs' Relief?
What is Entrepreneurs' Relief?
Entrepreneurs who sell businesses or assets can claim entrepreneurs' relief and reduce their capital gains tax bill. The new rules became effective from 6 April 2008....
What Role Do Ethics Play in Business?
What Role Do Ethics Play in Business?
A company with an ethical code can benefit from higher sales, loyal customers, better staff retention and few if any issues with the law. Ethics can therefore mean good business....
What to Consider When Looking for Business Premises
What to Consider When Looking for Business Premises
Entrepreneurs looking to find the right business premises to rent or to buy need to research the market. It pays to spend time checking what's available....
Who are Venture Capitalists?
Who are Venture Capitalists?
Venture capitalists have large amounts of money available to finance a business. They may want a lot in return, so entrepreneurs should ensure they know what to expect....
Why a Salesperson is Your Most Important Ally
Why a Salesperson is Your Most Important Ally
Effective sales and marketing keep a business running. Entrepreneurs therefore need a great sales person - or sales team - to represent them....
Why I Might Need a Solicitor
Why I Might Need a Solicitor
A business entrepreneur can find a solicitor useful for advice about legal issues that include contracts, debt control, employment law and a lease agreement....
Why I Might Need an Accountant
Why I Might Need an Accountant
Entrepreneurs can benefit from the professional services of an experienced accountant for all business matters related to tax and HMRC....
Why UK Entrepreneurs Increasingly Sell to Foreign Markets
Why UK Entrepreneurs Increasingly Sell to Foreign Markets
Foreign markets offer significant trade opportunities for UK entrepreneurs. Forecasters such as ITEM predict an annual rise in exports of 8.5%....
Why You Should Consider Leasing
Why You Should Consider Leasing
Entrepreneurs should conduct market research to establish if leasing rather than buying assets is a better option for a business....
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